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What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an IMF

Discussion in 'Political Discussion' started by patsfan13, May 9, 2012.

  1. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Chart with a definition of the different approaches, what is the best way to address our issues with deficits and having a robust economy.


    [​IMG]

    I iew the Libertarian approach as the best by far.
    Last edited: May 9, 2012
  2. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    Hoover Keynsian? lol. Shows how disingenuous the makers of that chart were. Hoover, like Coolidge, cut taxes and government. Only after those libertarian policies failed miserably did Hoover react. His solution after the crash was to try raising taxes, but not increase spending. Hoover was a libertarian by and large, and drove us into the great depression. Our biggest libertarian age, the gilded age, was a time of 72 hour work weeks, child labor, horrible work conditions, and only a very small middle class. Libertarianism failed and gave rise to social movements that built the modern middle class.
    Last edited: May 9, 2012
  3. Titus Pullo

    Titus Pullo Banned

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    This is your more persuasive argument against Ron Paul.
  4. PatsFanInVa

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    Wow there are 2 kinds of burden in the world - and neither of them is the "burden" of greater polarization of wealth, or the "burden" of greater poverty, or the "burden" of higher or more persistent unemployment. No, the only possible "burdens" in the world are taxes and gubmit.

    OMG! Look what happened! Libertarianism wins!

    No wonder you iew it favorably.

    This thread

    Reduces the burden of irrelevant charts: No
    Increases the burden of orwellian doublespeak: Yes
    Succeeds in describing complex political responses to economic policy options: :rofl::rofl::rofl:
  5. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an





    Actually Hoover did increase taxes and spending he was very interventionist.

    as documented here:

    The Hoover New Deal of 1932 - - Mises Institute


    http://mises.org/daily/2902

    http://www.cato.org/pubs/policy_report/v31n2/cpr31n2-1.html

    THe chart was developed by D Mitchell a senior fellow at the Caro institute.
    Last edited: May 10, 2012
  6. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    Yes, Hoover increased taxes after the libertarian policies failed, AFTER the crash. His solution did not work. The wrinkle Keynsian economic brought to the crisis was to increase spending. The emphasis was not on increasing taxes (though taxes were increased). The things that "Hoover" was trumpeting, as the article puts it, were not being made into law, and their was a general belief during the Coolidge era was that all people needed to do was invest in the market because the market would never stop rising (the same sort of view that happened in the 1990s, though to a lesser degree). Libertarianism fed unregulated greed that collapsed the economy. And life sucked economically during the 1920s for most Americans. Remember the American middle class is largely a phenomenon of policies enacted during Roosevelt and followed up on after WWII.
    Last edited: May 10, 2012
  7. wistahpatsfan

    wistahpatsfan Rookie

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    #75 Jersey

    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    So...
    A Libertarian, a Supply-Sider, a Keynesian walk into a bar...and it was empty! Get it?:bricks::rocker:

    Yeah, they also left out crushing population growth (connected to poverty and unemployment, of course) and climate instability.
  8. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an


    Actually in indistrialized economics we are facising a crusing population crash. See the birth rates for Europe, China, Japan, Russia.
  9. wistahpatsfan

    wistahpatsfan Rookie

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    #75 Jersey

    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    OK. But what about the rest of humanity and the planet? Myopic perspectives rarely serve us well in the long run. Do we just ignore the fact that the world's population- despite your specific focus on those northern economies- will double by 2054? Do you expect the rest of your brothers and sisters to sit pat and starve to death? Maybe a wall at the equator is needed.
    Last edited: May 10, 2012
  10. PatsFanInVa

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    liberal, conservative, and an independent walk into a bar. Bartender sez "Hey Mitt!" unfortunately nobody's left b/c it's the one the libertarian, supply-sider, and keynesian were just in...

    tru dat
  11. Titus Pullo

    Titus Pullo Banned

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    Re: What’s the Difference between a Libertarian, a Supply-Sider, a Keynesian, and an

    Further corroborating the symbiosis between population growth and cheap energy, both of which have begun to wane for some 6-7 years now.

    Amazing that population growth can't sustain without abundant cheap fossil fuels. i always thought it was liberal spending! :rolleyes:
    Last edited: May 11, 2012

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